Consulate General Of The Dominican Republic Leases Retail Space At 305 East Fordham Road Bronx For $45/ft
305 East Fordham Road
$45
$45/SF
Building Size
3,350 SF
Asset Type
Retail
Closing
Jul 28, 2026
About this deal
AI
The transaction involves a retail lease for a property located at 305 East Fordham Road in the Bronx market. The asset comprises 3,350 square feet and comes with an asking rent of $45 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $150,750
- Landlord: Jack Terzi
- Tenant: Consulate General of the Dominican Republic
- Brokers: Noam Aziz, Stephen Ligambi & Shaya Katz - Meridian Capital Group
The deal features notable participation from Jack Terzi as the landlord, while the tenant is represented by the Consulate General of the Dominican Republic. Brokers involved in the transaction include Noam Aziz, Stephen Ligambi, and Shaya Katz, all affiliated with Meridian Capital Group.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Stephen Ligambi to view all their deals.
Browse Bronx retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93